Minesto Balance Sheet Health
Financial Health criteria checks 3/6
Minesto has a total shareholder equity of SEK511.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK533.1M and SEK50.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr15.16m |
Equity | kr511.17m |
Total liabilities | kr50.87m |
Total assets | kr533.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7MN's short term assets (SEK23.8M) do not cover its short term liabilities (SEK28.9M).
Long Term Liabilities: 7MN's short term assets (SEK23.8M) exceed its long term liabilities (SEK22.0M).
Debt to Equity History and Analysis
Debt Level: 7MN is debt free.
Reducing Debt: 7MN has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7MN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7MN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year